Termination of Status of the Manager. The status of the Manager shall terminate if the Investment Management Agreement with the Manager terminates and the Master Fund does not enter into a new Investment Management Agreement with the Manager pursuant to the Advisers Act and 1940 Act.
Appears in 3 contracts
Sources: Limited Liability Company Operating Agreement (City National Rochdale High Yield Alternative Strategies Master Fund LLC), Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Fund LLC), Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Fund TEI LLC)
Termination of Status of the Manager. The status of the Manager shall terminate if the Investment Management Agreement with the Manager terminates and the Master Fund does not enter into a new Investment Management Agreement with the Manager pursuant to the Advisers Act ADVISERS ACT and 1940 Act.
Appears in 1 contract
Sources: Limited Liability Company Operating Agreement (Rochdale Core Alternative Strategies Master Fund LLC)